Rating agencies on the EC's radar as it aims to improve supervision

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As part of its work on preventing a future financial crisis and strengthening the financial system, the European Commission has put forward amendments to the EU rules on credit rating agencies and launched a public consultation on reforming corporate governance in financial institutions.

Following discussion from all heads of State and government at the forthcoming European Council, the Commission aims to present all these proposals - together with its recent ideas on bank resolution

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City minister Siddiq is replaced by Reynolds

Less than 24 hours before she was due to appear at the British Insurance Brokers’ Association’s Manifesto launch, Tulip Siddiq has resigned as Treasury minister and been replaced by Labour MP Emma Reynolds.

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